Brandi S. asked

⚖️  Law

Can a credit bid in a Chapter 7 bankruptcy auction be appealed, and can the debtor challenge the bid based on the assumption that selling the property could pay off unsecured creditors instead of a credit bid where unsecured creditors would receive no funds?

April 26th, 2024

Edward P. answered

Yes, an interested party, including the debtor, may challenge the confirmation of the bid in a Chapt...

April 26th, 2024

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